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Bitcoin price tests $81K support as bears hold control, can BTC recover?

Bitcoin traded near $81,400 on Oct. 16 after rebounding from a weekly low of $79,800, leaving its recovery dependent on holding the 50-day moving average and breaking a pattern of lower highs. Bitcoin’s daily chart showed a price of $81,345.

Lawrence MondalCrypto.news · October 16, 2026 · 8h ago

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